Apple’s long-rumored AR glasses project could get some competition from the world’s biggest social network company.
Facebook is reportedly developing its own augmented reality glasses. The social network recently struck a partnership with Ray-Ban parent company Luxottica to speed the product along, according to a new report.
Google will pay a total of $1.1 billion to end a four-year probe into its tax activities in France. This is a combination of fine and repayment of additional taxes Google didn’t pay first time around.
France and Germany have both pushed for tighter tax regulations of multination tech giants. Others — Apple included — have been charged in the past. They may have to stump up more cash in the future, too.
The accusations Google recently made about iOS security flaws were greatly overstated, deliberately “stoking fear” in iPhone users, according to Apple. The iPhone maker points out that the issues were much more narrow than its rival indicated, and were online for only a brief time.
More than half of U.S. state attorneys general are preparing an antitrust investigation into Google.
This will mark a major ramp-up in the battle between U.S. regulators and Silicon Valley tech giants. The investigation is likely to be announced Monday. Other tech giants also may face antitrust scrutiny.
Google’s Project Zero team said it found gaping security holes in iPhone software that left users exposed to hackers before Apple fixed the flaws earlier this year.
Project Zero released a report on the flaws for the first time Thursday night. The team’s Threat Analysis Group found 14 different exploits that hackers used to gain private data, including photos, messages, contacts and real-time location information from iPhones.
August 19, 2004: Google floats its initial public offering on the stock market. Founders Larry Page and Sergey Brin turn into instant billionaires as the Google IPO cements the company’s status as a tech giant.
Relations between Google and Apple are good at the time, with Steve Jobs serving as a mentor to the company’s two young founders, and Google’s Eric Schmidt soon to join Apple’s board of directors. However, the peace won’t last long.